Guide to the temporary importation of goGuide to the temporary importation of goods under section 162 of the Customs Act 1901

Guide to the temporary importation of goods under section 162 of the Customs Act 1901

• Only goods, which are the property of a prescribed class of persons, or are included in a prescribed class of goods, or are imported for a prescribed purpose, may be imported under section 162 of the Customs Act 1901.
• Documents to be produced: Form 46 application; EOI; invoice; inwards waybills or Bills of Lading; import permit from relevant authority (if applicable).
• When the application has been approved upon taking either a security or an undertaking, a Security Identification (ID) is issued.
• The owner must not lend, sell, pledge, mortgage, hire, give away, exchange or otherwise dispose of or part with possession of (otherwise than by way of, or for the purposes of, the exportation of those goods) or in any way alter the goods without the prior consent of a Collector. If any of these actions take place, the security or undertaking will be enforced (that is, the cash deposit will be transferred to revenue or an invoice issued).
• Goods imported under section 162 of the Customs Act 1901 must be exported on or before the date shown at Condition 1 above (being no more than 12 months after the date on which the goods were imported). Where it is proposed that the goods remain in Australia after this date, you may apply for an extension of that period. If an approval of an extension application has not been given before the date shown at Condition 1 above has expired, the security will be enforced.